We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Is Generac Holdings (GNRC) Outperforming Other Computer and Technology Stocks This Year?
Read MoreHide Full Article
The Computer and Technology group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Has Generac Holdings (GNRC - Free Report) been one of those stocks this year? Let's take a closer look at the stock's year-to-date performance to find out.
Generac Holdings is one of 618 individual stocks in the Computer and Technology sector. Collectively, these companies sit at #12 in the Zacks Sector Rank. The Zacks Sector Rank considers 16 different sector groups. The average Zacks Rank of the individual stocks within the groups is measured, and the sectors are listed from best to worst.
The Zacks Rank emphasizes earnings estimates and estimate revisions to find stocks with improving earnings outlooks. This system has a long record of success, and these stocks tend to be on track to beat the market over the next one to three months. GNRC is currently sporting a Zacks Rank of #1 (Strong Buy).
Within the past quarter, the Zacks Consensus Estimate for GNRC's full-year earnings has moved 16.97% higher. This signals that analyst sentiment is improving and the stock's earnings outlook is more positive.
Our latest available data shows that GNRC has returned about 78.58% since the start of the calendar year. At the same time, Computer and Technology stocks have gained an average of 17.32%. This means that Generac Holdings is performing better than its sector in terms of year-to-date returns.
To break things down more, GNRC belongs to the Electronics - Power Generation industry, a group that includes 3 individual companies and currently sits at #33 in the Zacks Industry Rank. On average, stocks in this group have gained 39.63% this year, meaning that GNRC is performing better in terms of year-to-date returns.
GNRC will likely be looking to continue its solid performance, so investors interested in Computer and Technology stocks should continue to pay close attention to the company.
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
Is Generac Holdings (GNRC) Outperforming Other Computer and Technology Stocks This Year?
The Computer and Technology group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Has Generac Holdings (GNRC - Free Report) been one of those stocks this year? Let's take a closer look at the stock's year-to-date performance to find out.
Generac Holdings is one of 618 individual stocks in the Computer and Technology sector. Collectively, these companies sit at #12 in the Zacks Sector Rank. The Zacks Sector Rank considers 16 different sector groups. The average Zacks Rank of the individual stocks within the groups is measured, and the sectors are listed from best to worst.
The Zacks Rank emphasizes earnings estimates and estimate revisions to find stocks with improving earnings outlooks. This system has a long record of success, and these stocks tend to be on track to beat the market over the next one to three months. GNRC is currently sporting a Zacks Rank of #1 (Strong Buy).
Within the past quarter, the Zacks Consensus Estimate for GNRC's full-year earnings has moved 16.97% higher. This signals that analyst sentiment is improving and the stock's earnings outlook is more positive.
Our latest available data shows that GNRC has returned about 78.58% since the start of the calendar year. At the same time, Computer and Technology stocks have gained an average of 17.32%. This means that Generac Holdings is performing better than its sector in terms of year-to-date returns.
To break things down more, GNRC belongs to the Electronics - Power Generation industry, a group that includes 3 individual companies and currently sits at #33 in the Zacks Industry Rank. On average, stocks in this group have gained 39.63% this year, meaning that GNRC is performing better in terms of year-to-date returns.
GNRC will likely be looking to continue its solid performance, so investors interested in Computer and Technology stocks should continue to pay close attention to the company.